President Trump Addresses Press at Joint Base Andrews, Discusses Iran, Domestic Policy, and Economic Initiatives

JOINT BASE ANDREWS, Md. — President Donald J. Trump spoke with reporters on Tuesday before departing for the White House, addressing a range of domestic and international issues, including the unfolding situation in Iran, federal funding for sanctuary cities, and economic policy.

Situation in Iran

The President expressed grave concern regarding reports of violence against protesters in Iran, describing the situation as "really bad stuff." He indicated that the Administration is awaiting accurate casualty numbers, which he expected to receive shortly. "The killing looks like it's significant," President Trump stated. "We'll act accordingly."

When pressed on potential U.S. military intervention, the President did not rule out options but declined to discuss specific strategies. "I don't talk about military strategy with [reporters]," he said, while noting his previous success in operations such as the one in Venezuela. He emphasized that the Iranian leadership must "show humanity" and warned that they face a "big problem" if violence continues.

Domestic Policy and Minnesota

Turning to domestic matters, President Trump made strong remarks regarding the state of Minnesota, alleging "tremendous stuff and fraud" and criticizing the state's leadership as "grossly incompetent." He stated, "Minnesota is going to have to take care of itself for a little while," signaling a potential pause or shift in federal assistance or cooperation, though specific details were not provided during the gaggle.

Sanctuary Cities Funding

The President confirmed a major policy enforcement regarding sanctuary jurisdictions. He announced that federal funding for sanctuary cities will be cut off effective February 1st. When asked about the scope, he replied the impact would be "significant."

Economic Measures: Interest Rates and Industry Deals

On the economy, President Trump reiterated his support for a temporary 10% cap on credit card interest rates, dismissing concerns about negative market side effects. "I think that people that are paying 28% interest should be protected," he said, framing the measure as a one-year break for consumers.

He also addressed the Federal Reserve, criticizing the current interest rate levels and disputing JPMorgan Chase CEO Jamie Dimon’s comments on Fed independence. "I think it's fine what I'm doing," Trump noted, advocating for lower rates.

The President highlighted his administration's approach to corporate aid, citing a deal with Intel where the U.S. government reportedly received a 10% equity stake in exchange for assistance. "I want our country to be rich as hell," he explained, stating that the deal has generated billions for the U.S. as stock prices rose.

Greenland

In response to comments from the Premier of Greenland expressing a preference to remain with Denmark, President Trump was dismissive, warning that the stance would be a "big problem for him."

The President concluded the gaggle by noting his return to the White House to further monitor the situation in Iran.